Despite challenges, FNX Mining looking to expand
Dec 08, 2009 | 11:19 AM
| Tom Jennemann
Junior Canadian miner FNX Mining Co. Inc. is eyeing expansion despite the fact that Vale Inco Ltd.'s nearby Sudbury, Ontario, operations remain on strike and prospects for a global metals recovery are still tentative, according to Dave Constable, vice president of investor relations.
"The status in Sudbury remains challenging; we don't know tomorrow morning whether things will change drastically on the strike line," Constable said during a Webcast from the Desjardins Basic Materials Conference in Montreal. "We have the flexibility and the cash on hand to stockpile for a while or fallback and send material to Xstrata for processing if need be."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.